scope:

Purpose

This chapter prescribes the accounting standards and related management requirements necessary to establish and maintain financial control over disbursement, collection, and adjustment transactions affecting the fund balances with the Department of the Treasury and cash resources not part of the fund balance with the Department of the Treasury. The applicable general ledger accounts are prescribed in the United States Standard General Ledger (USSGL), which is described in Volume 1, Chapter 7. This chapter also prescribes the requirements for researching and correcting unmatched disbursements (UMDs), negative unliquidated obligations (NULOs), and in-transit disbursements.